Most Recent Comments
View all 12 comments
Sep 7, 2008 5:15 AM GMT
buy low and hold cash as profits grow. NOW is the time! I own 4 quality mutual funds, and they have held up well, but I just dumped 5K into each knowing we are closer to the bottom than we think. When the next cycle blooms, I have my eggs in a very nice nest, you can't make money if
Sep 6, 2008 6:48 PM GMT
The stock market reflects the economy.One can go to Walmart and pay $12 for a shirt that costs .90 to make and ship to the U.S. One could go to Macys and pay $40. for much the same thing. Someone is putting on the duties and tariffs on so we never can get the savings loosing our jobs paid for. Building more and more debt is running the country. What are we going to do when the king, sorry the government runs out of my money?
Sep 6, 2008 12:17 PM GMT
Yes well, five criteria. In fact Warren enumerated 10 criteria that decide what stocks they will invest in or continue to invest in.Business's where the CEO and Chairman are the same count those out. Business's that have highly complex mgt structures are out. Business's that suddenly start to invest in unrelated activities with a lot of hype are out.So the financial technicals aren't the sole deciders. Do your homework